India's Refex Industries rises on deal with ride hailing platform

Refex Industries

05/03/2025 08:45

** Refex Industries REFE.NS rises 5%, the exchange allowed maximum, to 400.2 rupees

** Refrigerant gas manufacturer's EV subsidiary Refex Green Mobility signs deal with one of India's top ride hailing platforms to induct, operate 1,000 electric cars

** This will add to co's existing fleet of about 1,300 electric cars

** Co did not share name of ride hailing platform

** Stock has more than tripled over the  past 12 months

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))